Tom Cannon has joined Leicester City on the final day of the summer window, with the striker leaving Everton in a permanent deal that could eventually be worth £7.5m.
The Foxes have agreed a fee worth an initial £6m with an additional £1.5m dependent on appearances for the 20-year-old who had signalled to the Blues his desire to leave Goodison Park this summer to seek regular first-team football.
Cannon briefly broke into the senior Everton side last season under Frank Lampard as the Blues desperately tried to cover for the injured Dominic Calvert-Lewin before he joined Preston North End on loan.
However, he couldn’t convince Lampard’s successor, Sean Dyche, that he was ready to lead the line and the recent arrivals of Youssef Chermiti and Beto coupled with Calvert-Lewin’s return to fitness appeared to close the door to Cannon’s chances of playing regularly.
A clutch of Championship clubs had queued up to sign him this summer, with Preston initially agreeing another loan deal before Leeds, Norwich, Middlesbrough, Swansea and Leicester joining the race and it was the Foxes who signed him on a five-year deal just before tonight’s deadline.
According to The Athletic, the deal with the Foxes includes a “substantial” sell-on clause for Everton.